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Mar 26, 2013
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economy shows signs of vitality. here in japan the japanese government beginning steps to implement major changes after decades of inflation. concerns are coming from europe and affecting global markets. let's see how we're opening up here. the markets this time yesterday got a big boost. we did see the euro surge. the relief seems to be short lived as we're seeing in the opening lels. the rescue deal for cyprus could serve as a template for other european countries with strug e struggling banks. that comment really heightens some of the worries in global markets that the deal that was made may result in more problems down the road. now a bit of a negative reaction here in tokyo. we also might see which is a bit of a worry is a return to safer assets by investors including the yen. >> many investors watching the yen's movement. the japanese currency has been on a major weakening trend. where do we stand this tuesday morning? >> that's a big focus. you mentioned the moves by prime minister abe. let's look at some of t
economy shows signs of vitality. here in japan the japanese government beginning steps to implement major changes after decades of inflation. concerns are coming from europe and affecting global markets. let's see how we're opening up here. the markets this time yesterday got a big boost. we did see the euro surge. the relief seems to be short lived as we're seeing in the opening lels. the rescue deal for cyprus could serve as a template for other european countries with strug e struggling...
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Mar 24, 2013
03/13
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and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. largelyia's economy is based on global supply chains, it is absolutely critical for india to enact reforms and liberalize its economy, to tap into this regional market. this is how india anchors itself in the asia-pacific region and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve and it's going to take a concerted effort to make progress, but once the b.i.t. is firmly in p
and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. largelyia's economy is based on global supply...
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Mar 20, 2013
03/13
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to new cures, harness new energy and have helped transform us in the high-tech homes of our global economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and floods come, our doctors and rest was reached out to help. when people are suffering, from africa to asia, we partnered to fight disease and overcome hunger. piecend together because must come to the holy land. for even as we are clear-eyed about the difficulties we never lose sight of the vision of israel at peace with its neighbors. so, as i began this is it let me say as clearly as we can, the united states of america stands with the state of israel because it is in our fundamental national security interests, it makes us both stronger, it makes us both a more prosperous, and it makes the world a better place. that is why -- [applause] the united states it was the very first nation to recognize the state of israel 65 years ago. that is why the star of david and the stars and stripes flying together today. that is why i am confident in declaring that our al
to new cures, harness new energy and have helped transform us in the high-tech homes of our global economy. we stand together because we share a commitment to helping our fellow human beings around the world. when the earth shakes and floods come, our doctors and rest was reached out to help. when people are suffering, from africa to asia, we partnered to fight disease and overcome hunger. piecend together because must come to the holy land. for even as we are clear-eyed about the difficulties...
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Mar 23, 2013
03/13
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they cannot create a thriving economy. and that's going to be a central challenge, not just in syria but across the region. the united states, i think, has something to say about that because part of what makes us a super power because we have people from every walks of life and every religion and if they are willing to work hard they can success. that has to be more consistently spoken about. not just with respect to the syria situation but the moment of promise and danger in the arab world in north africa. >> thank you, mr. president. of mentioned the aftermath the assad regime. there's a lot of concern that the upheaval is creating extremism. how concerned are you that extremist could take over in syria and, perhaps worse than assad? usas hoping you could give an insight on how you brokered the call to netanyahu. and you have offered asylum that he rejected and does that offer still stand? thank you. >> well, i'm very concerned about syria becoming a place for extremists because extremists thrive in chaos. they thrive i
they cannot create a thriving economy. and that's going to be a central challenge, not just in syria but across the region. the united states, i think, has something to say about that because part of what makes us a super power because we have people from every walks of life and every religion and if they are willing to work hard they can success. that has to be more consistently spoken about. not just with respect to the syria situation but the moment of promise and danger in the arab world in...
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Mar 20, 2013
03/13
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FOXNEWSW
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officials are trying to find a new way to keep their own economy afloat after the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday is when the banks open up. in the back channels with russia on financial support, so it seems they're hoping they can find a stopgap. >> shepard: what i didn't understand was the real problem with this situation in spy russ is the russians, who have been laundering money, have stashed so much money in the banks, the banks are bigger than the economy in the country. so they could have taxed it at 13%. they have, like our federal deposit insurance company, they have guarantees up to 100,000 euros. why not tax problem kids and not every day folks. >> it could come to that. the vote that failed was above 20,000 eur
officials are trying to find a new way to keep their own economy afloat after the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday...
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Mar 26, 2013
03/13
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east german government was desperate to earn hard currency to keep its command economy afloat. an attorney who represents claimants' of lost works of art knows his adversaries often prove less than cooperative. he has to fight tooth and nail for every picture and every piece of porcelain. >> the problem with the collectors dispossessed after 1949 is that entire livelihood's were wiped out. many victims were incarcerated for years and left ith nothing. for many, these works of art were their lives. people literally went over dead bodies to get their hands on these things. >> the collection has 18 months of breathing space. although in the museum world, that translates into a last- minute matter. if no agreement is reached, the duchess might set up her own museum. >> we have a few potential ideas for the future, but that would not mean me leaving forever. my family and i feel at home here. plus, i've done some new investing, so i will never say it is over for me and never coming back. >> if it turns out that museums will have nothing left to exhibit, the city will definitely be t
east german government was desperate to earn hard currency to keep its command economy afloat. an attorney who represents claimants' of lost works of art knows his adversaries often prove less than cooperative. he has to fight tooth and nail for every picture and every piece of porcelain. >> the problem with the collectors dispossessed after 1949 is that entire livelihood's were wiped out. many victims were incarcerated for years and left ith nothing. for many, these works of art were...
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Mar 21, 2013
03/13
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and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka, china has been a really important economic driver here in the global economic scale especially over the last few years of the economic slump in the west. and when you look at this unrest and the riots that are happening, when you look at the impact on health care and the cost to the chinese government, there's a very real impact on the economy of china as a whole. and that certainly impacts the rest of us as the world. from an environmental perspective too smog and particlats that originate in china can be found on the beaches of the bahama and the a
and there's knockoff effects on the economy. so the key for trying to get a handle on this issue, learn from the mistakes as eastern europe and the united states over the last hundred years or so and begin to put a serious curb on these types of emissions because it's having a major impact on the harmony of china. >> so it's one thing to impact the health of the chinese people, but how might china pollution problems really affect the rest of the world? >> well, of course, fredricka,...
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Mar 25, 2013
03/13
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so there's an enormously negative impact on global economy immediately, particularly in asia for which neither the japanese, nor the chinese will be particularly grateful to us. but also push the europeans much more into the hands of the russians. and then every adjoining area next to iran is susceptible to local war which used to be called in the communist lexicon people's war. i once had a meeting with xiaoping in which he informed us that he's going to invade vietnam, and he wanted us to be sort of passively friendly expecting soviet reactions. he was asked what is the likely soviet reaction by the president of the united states. and he sort of breezily said, well, you know, they may do this, they may do that, they may send arms, that will take a long time because we're not going to be doing it for a long time, they may stage border incidents, we have add lots of them, so we can have a few more, so what? and then he says they may invade us from mongolia where they have 22 armored divisions and strike southward towards beijing directly. and he says we will use people's war on them. a
so there's an enormously negative impact on global economy immediately, particularly in asia for which neither the japanese, nor the chinese will be particularly grateful to us. but also push the europeans much more into the hands of the russians. and then every adjoining area next to iran is susceptible to local war which used to be called in the communist lexicon people's war. i once had a meeting with xiaoping in which he informed us that he's going to invade vietnam, and he wanted us to be...
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well everyone wants a piece of what valorise has to offer in terms of the economy they didn't like me taking a stand and so they started calling me all sorts of things next we don't privatized everything and some are unhappy about that we are a welfare state with a strong social policy the social and economic policies i pursue you are very different from what the west would want us to have next we do have a rigorous political system when power is defied between entities like the parliament and the government the president ends up with no power and it's easy then to know what happens in the state you can state fights and conflicts this backlash on the people behind all this you can lay your hands on some valuable assets through privatizing before anyone knows it so they don't like it that they can do it for freedom of speech is another such things but that can't be serious how is it even possible not to have them with all the modern media around us and there is also the internet our analysts have calculated fifty one percent of our active population are active internet users how can i
well everyone wants a piece of what valorise has to offer in terms of the economy they didn't like me taking a stand and so they started calling me all sorts of things next we don't privatized everything and some are unhappy about that we are a welfare state with a strong social policy the social and economic policies i pursue you are very different from what the west would want us to have next we do have a rigorous political system when power is defied between entities like the parliament and...
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leaders of the world's major developing economies look to strengthen the global influence of the brics group endorsing plans to create a joint bank at this time in south africa. thanks so much for joining us here today. live in moscow with your news from around the world cypriots have been actually waiting for banks to reopen on tuesday but their doors remain closed all banks on the island will stay shut until. capital flows will be temporarily restricted as a last ditch bailout deal may be hailed as a relief by the government and the e.u. but well it's certainly no comfort for people struggling to try and withdraw money reporting from the. is that at the heart of the deal that cyprus sealed with its international creditors to get that ten billion euro bailout it needs and what will happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here a lost whatever money they have here and many cypriots for the past week have begun to motional rollercoaster wondering what is go
leaders of the world's major developing economies look to strengthen the global influence of the brics group endorsing plans to create a joint bank at this time in south africa. thanks so much for joining us here today. live in moscow with your news from around the world cypriots have been actually waiting for banks to reopen on tuesday but their doors remain closed all banks on the island will stay shut until. capital flows will be temporarily restricted as a last ditch bailout deal may be...
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Mar 26, 2013
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. >>> chinese president is in south africa to attend the summit of the brics emerging economies. xi jinping wants the chinese government to enhance ties to compete with the u.s. and other industrialized countries. this will be the first time president xi will participate in an international meeting since he took office earlier this month. the two-day summit begins on tuesday in durbin. brics is made up of brazil, russia, india, china, and south africa. the leaders are expected to discuss how rising commodities and grain prices are affecting emerging countries. also on the agenda is an agreement among the brics members to provide each other with foreign currencies. they want to protect their economies from the impact of global financial turmoil. >>> china has been increasing its presence in africa. the country has come to rely on the continent for trade and for natural resources. nhk world has more. >> reporter: the chinese have historical ties with a number of african nations. after world war ii they supported countries that were fighting for independence. they gave a modest amou
. >>> chinese president is in south africa to attend the summit of the brics emerging economies. xi jinping wants the chinese government to enhance ties to compete with the u.s. and other industrialized countries. this will be the first time president xi will participate in an international meeting since he took office earlier this month. the two-day summit begins on tuesday in durbin. brics is made up of brazil, russia, india, china, and south africa. the leaders are expected to...
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spring from which really fragile at the moment but big economies i mean if if their investors are sort of pulling money out of those countries that is significant in that there is a huge probability that it might actually start to happen because we have opened pandora's box right now and we can shut the lid on this now. well we always encourage you to get involved with us here on the stories we're covering on this one for example would like to know what you think about the situation in cyprus if you head over to the website right now you can participate in our latest web poll of course today we're asking you what is next for cyprus now a bad deal is supposedly c.e.o. let's bring up the numbers for you right now for this. the majority now a nearly forty percent saying they'll be a total collapse of trust in just further aggravating the financial crisis. predicting other countries are next in line for a similar bailout deal and now down to about a fifth thinking the terms of the rescue could result in widespread protests well that's already seeming to happen i just. believing that cyprus
spring from which really fragile at the moment but big economies i mean if if their investors are sort of pulling money out of those countries that is significant in that there is a huge probability that it might actually start to happen because we have opened pandora's box right now and we can shut the lid on this now. well we always encourage you to get involved with us here on the stories we're covering on this one for example would like to know what you think about the situation in cyprus...
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Mar 21, 2013
03/13
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KRCB
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they will continue to support the gradual recovery in the economy until there's clear sign of improvement. the decision was made at a two-day policy meeting that ended on wednesday. they said the u.s. committee is growing moderately. they pointed to continued improvement in the housing market and a rise in household spending and corporate capital investment. the unemployment rate remains high at the upper 7% level. they warned against a fiscal policy stemming from mandatory stemming cuts. fed officials say the bank will continue to eject funds into the market giving these challenges. they are doing this by buying $85 billion worth of mortgage backed security and long term government bonds each month. they will maintain a near 0% interest rate policy. some federal reserve officials have expressed concern. that month of asset purchases could disrupt markets and bring about higher prices. in a news conference about the second day of the policy board meeting ben bernanke said those risks can be contained. >> the committee considered risks toinancial stability. it will lead some to take on exc
they will continue to support the gradual recovery in the economy until there's clear sign of improvement. the decision was made at a two-day policy meeting that ended on wednesday. they said the u.s. committee is growing moderately. they pointed to continued improvement in the housing market and a rise in household spending and corporate capital investment. the unemployment rate remains high at the upper 7% level. they warned against a fiscal policy stemming from mandatory stemming cuts. fed...
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find out what's really happening to the global economy with. the no holds barred look at the global financial headlines kinds of reports. from moscow boyer's for hunger striking detainees at guantanamo bay claim being denied access to their clients the situation is said to be life threatening is more than one hundred captives of reportedly been starving themselves now for a month and a half u.s. officials have downplayed the allegations though in the scale of the crisis and while president obama has still not kept his promise to close the detention center the military is now asking for money to upgrade the facility. the spokesperson for guantanamo robert do read and responded to our tease inquiry here's what he writes as of friday the twenty second of march twenty third seed we have twenty six hunger strike is with a receiving end to all feeds this is an increase from thursday which was twenty five and eight we have two detainees in the detainee hospital for rehydration an observation or mental feet last time robert during got back to us was la
find out what's really happening to the global economy with. the no holds barred look at the global financial headlines kinds of reports. from moscow boyer's for hunger striking detainees at guantanamo bay claim being denied access to their clients the situation is said to be life threatening is more than one hundred captives of reportedly been starving themselves now for a month and a half u.s. officials have downplayed the allegations though in the scale of the crisis and while president...
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Mar 26, 2013
03/13
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south of africa hosting a summit from the world's leading emerging economies. china roaring back to the no. 1 spot. --it feels good right now tireder roaring back. i was crawling from iphone of all the people who have textrted name with all the messages that say thank you. >> we begin meant breaking news out of cyprus. ward is commander that the chairman of the bank of cyprus has submitted his resignation. we're going to go straight to one of our correspondents about this, john, what can you tell us? are we talking central bank or one of the commercial banks? the governor of the biggest commercial bank in cyprus, the bank of cyprus, not the central bank. -- >> this is the governor of the biggest central commercial bank. he is reported to be saying that the refinancing and restructuring plan that the bank of cyprus, which was to absorber much of the deposits of the bank, the one here behind me, that is to be wound up. he said the plan was concocted a long time ago, not in the last few days, not in consultation with the board of directors. he seems to be saying n
south of africa hosting a summit from the world's leading emerging economies. china roaring back to the no. 1 spot. --it feels good right now tireder roaring back. i was crawling from iphone of all the people who have textrted name with all the messages that say thank you. >> we begin meant breaking news out of cyprus. ward is commander that the chairman of the bank of cyprus has submitted his resignation. we're going to go straight to one of our correspondents about this, john, what can...
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emerging power as leaders of the world's major developing economies look to strengthen the global influence of the brics group indorsing plans to create a joint bank at their annual summit in south africa. noon in moscow as a good having you with us here on r.t. our top story the last ditch belo deal for cyprus may have eased fears of a financial catastrophe but cypriots still feeling the pinch getting harder for them to withdraw money and the central bank has decided to keep all banks on the island close to thursday even then capital flows will be temporarily restricted tests are sillier reports from nicosia frustration among cypriots is a growing. is that at the heart of the deal that cyprus sealed with its international creditors to get that ten billion euro bailout it needs and what will happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here haircut a lost whatever money they have here for the past week i've been to motional rollercoaster wondering what is going to
emerging power as leaders of the world's major developing economies look to strengthen the global influence of the brics group indorsing plans to create a joint bank at their annual summit in south africa. noon in moscow as a good having you with us here on r.t. our top story the last ditch belo deal for cyprus may have eased fears of a financial catastrophe but cypriots still feeling the pinch getting harder for them to withdraw money and the central bank has decided to keep all banks on the...
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and well thirty nine other economies at least and as an expression of how he feels about it they're very unhappy with that we had that so we have type of reaction there from the russian. i mean i've if you can take us bank for a bit if you will because it's been what almost a year in the making that cyprus are bailed out how it was it was nine months ago that cyprus asked for a bailout they asked for seventeen billion euro which is about one hundred percent of g.d.p. . there was a general election so it was during that time a couple of delays at the russian. russia refused to get involved the eurozone wanted to wanted to. foist the cyprus problem on to russia russia said it was eurozone problem anyhow what happened eventually was that we came down to the wire as usual as is the case with pretty much every euro group decision it becomes more of a debacle than a. decision at all five am this morning they come up with ten billion in. bailout which is which is short seven billion less than. last second a last second supposed gesture of being saved but it's massively short of what they'r
and well thirty nine other economies at least and as an expression of how he feels about it they're very unhappy with that we had that so we have type of reaction there from the russian. i mean i've if you can take us bank for a bit if you will because it's been what almost a year in the making that cyprus are bailed out how it was it was nine months ago that cyprus asked for a bailout they asked for seventeen billion euro which is about one hundred percent of g.d.p. . there was a general...
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we've invested our money into the economy of cyprus but they could cut us off what are the grounds for that. sort of human being we have to get out of the euro but we will stay home how they will pay us and our kids. we don't accept it it will be no development with us and nobody will come to cyprus now this new bank a possibility could possibly be announced but we have to wait for an official announcement that at one point we have to know whether the troika will approve it away the process on sunday. as the clock ticks or was the deadline for nicosia e.u. officials are becoming increasingly wary of super governments reluctance to impose a bank deposit levy chancellor merkel was reportedly outraged by their inability to come up with a plan b. and as artie's news editor i will call she explains merkel's harsh stance on the issue may derive from a desire to boost her popularity back at home. this starts at a russia e.u. summit last year when the euro krotz told russia that cyprus would be their problem to solve cyprus had been racked by the greek economic collapse the russians didn't tak
we've invested our money into the economy of cyprus but they could cut us off what are the grounds for that. sort of human being we have to get out of the euro but we will stay home how they will pay us and our kids. we don't accept it it will be no development with us and nobody will come to cyprus now this new bank a possibility could possibly be announced but we have to wait for an official announcement that at one point we have to know whether the troika will approve it away the process on...
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important orientation to what to president putin calls the new eurasian the direction of the russian economy if russia and china are put it odds against each other and then the game is over and you have no contender to sole superpower germany from washington i think that's a very unhealthy state of the world both for the for china for russia for the rest of the world but also for the united states that too much power concentrated in too few hands is always a danger to world peace. on the way a black gold behind obama and so u.s. officials continue to dumb play the scale of a mass hunger strike at guantanamo bay while the pentagon now wants to expand the notorious facility. so with the u.k. walking a triple dip recession thai droid authorities a fortune on translations will immigrants the details of that i just i hate. we are prison a lot of problems in the. because no one thought to drink no blood. moldovan no permits when you are. other local what's national but there's a law in the local needs you might want to community l.n.g. motion will be used. you've been gone for a matter of artist i
important orientation to what to president putin calls the new eurasian the direction of the russian economy if russia and china are put it odds against each other and then the game is over and you have no contender to sole superpower germany from washington i think that's a very unhealthy state of the world both for the for china for russia for the rest of the world but also for the united states that too much power concentrated in too few hands is always a danger to world peace. on the way a...
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Mar 25, 2013
03/13
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the group of emerging economies includes the host nation, brazil, india, russia and china. >>> xi jinping's nine-day diplomatic tour started off last friday in russia. before he arrived chinese media say government officials secured china's biggest arms deal with russia in a decade. the purchase is worth about $3 billion and is expected to include 24 fighters jets and four submarines. president xi and president vladimir putin agreed during their meeting to strengthen military exchanges and cooperation. china and russia are expected to announce further cooperation in developing military technology such as surface-to-air missile and aerial tankers. chinese defense ministry representatives say their military relationship with russia is not directed at any third country. but the weapons deal comes as china remains locked in a dispute with neighboring nations over territory in the east china sea and the south china sea. chinese leaders are expanding their military budget. the country's defense spending has surged nearly fourfold in the past decade. >>> populous, prosperous, pushing ahead. china'
the group of emerging economies includes the host nation, brazil, india, russia and china. >>> xi jinping's nine-day diplomatic tour started off last friday in russia. before he arrived chinese media say government officials secured china's biggest arms deal with russia in a decade. the purchase is worth about $3 billion and is expected to include 24 fighters jets and four submarines. president xi and president vladimir putin agreed during their meeting to strengthen military exchanges...
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to merge it could be another small economy struggling with a heavily indebted bank sector. the i.m.f. says that baghdad is increasing among some state run banks let's take a look at this of the bad three of the country's leading banks was fifteen point six percent of their total loans into eleven but that's where they actually rose to twenty point five percent last year now it equates around seven billion the g.d.p. that's twenty percent of the nation's g.d.p. the emerging markets analyst. says so very i may be seeking of the bailout in that the second part of this. the cypriot crisis will have broad based impacts across the eurozone and of course the wider region but one country that stands out in particular. has been standing out as a potential candidate for seeking international bailout for much of the past year and now that we have had the crisis in cyprus form of the proposed bailout and a potential tax on deposits it really creates increases fears of what an international bailout might entail so you want to want to bear in mind going forward as long as it's not shut f
to merge it could be another small economy struggling with a heavily indebted bank sector. the i.m.f. says that baghdad is increasing among some state run banks let's take a look at this of the bad three of the country's leading banks was fifteen point six percent of their total loans into eleven but that's where they actually rose to twenty point five percent last year now it equates around seven billion the g.d.p. that's twenty percent of the nation's g.d.p. the emerging markets analyst. says...
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Mar 20, 2013
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and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the rescue? will the banks there ever reopen? and will it stay in the eu? we've reports from moscow and cyprus, coming up next, please stay with us. >> situation in cyprus getting worse today, banks will not open until next week at the he earliest. good evening michelle. >> larry, another day, another attempt to try to come up with a rescue plan for cyprus, today cyprus suggested that they would try to raid a pension fund, and promise to pay the workers down the road. but that idea was not liked. additionally they are trying get money fr
and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the...
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Mar 18, 2013
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if only because of the economy. this isn't an unrivaled economic super power anymore and doesn't have the money to throw around to get done what it wants done. >> host: i saw hints in the book, at least, of you coming to terms, asking questions about some people might want american decline but what does that mean? do you want china to replace centers would that be good for the world? or no power to have a significant say? would that be good? i got the impression that in some ways very personal terms because it's not only this broad question of american power, it's relating to your experience back in beirut and what you learned in the secretary of state that you think that america having a strong presence in the world, the strongest presence, enif you include think it's relatively declined, is a positive. aye am i misreading senate. >> guest: the relative decline thing, i think american power is changing. the think the whole notion of power is changing. so i'm not actually a big fan of the word decline beau because i
if only because of the economy. this isn't an unrivaled economic super power anymore and doesn't have the money to throw around to get done what it wants done. >> host: i saw hints in the book, at least, of you coming to terms, asking questions about some people might want american decline but what does that mean? do you want china to replace centers would that be good for the world? or no power to have a significant say? would that be good? i got the impression that in some ways very...
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cyprus is sending shivers all across the eurozone and the next crisis to merge could be another small economy struggling with a heavily indebted bank sector slovenia the i.m.f. says that baghdad is increasing among some state run banks let's take a look at this now the bad a dead at three of the country's leading banks was that fifteen point six percent of the total loans now in twenty eleven figures started to rise to twenty point five percent last yeah they did quasar on seven billion euros all that twenty percent of that g.d.p. . g.d.p. now emerging markets. slovenia may be seeking of the bailout in the second part of this year the cypriot crisis will have broad based impacts across the eurozone and across the wider region but one country that stands out in particular. has been standing out as a potential candidate for seeking international bailout for much of the past year and now that we have had the crisis in cyprus and the form of the proposed bailout and a potential target of deposits it really creates increases fears in slovenia of what an international bailout might entail. definite
cyprus is sending shivers all across the eurozone and the next crisis to merge could be another small economy struggling with a heavily indebted bank sector slovenia the i.m.f. says that baghdad is increasing among some state run banks let's take a look at this now the bad a dead at three of the country's leading banks was that fifteen point six percent of the total loans now in twenty eleven figures started to rise to twenty point five percent last yeah they did quasar on seven billion euros...
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Mar 18, 2013
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she's tried to clean up lima by going after cartels who control the transport system and regulating the economy of street vendors. they've been deeply unpopular among the war and have become fodder in a campaign to drive her out. >> the process underway is tainted with aggression, lies, distortion, misinformation, manipulation, and even worse, insult at my condition as a woman. it's injuring our citizens and causing negative visions. >> the recall vote is believed to be spearheaded by a former mayor looking for a comeback. he denies those allegations but controls the capital with significant influence as politicians jockey for power ahead of the elections. al jazeera. >> in southwestern colombia, soldiers conducted a raid in the jungle and seized nearly four tons of cocaine. they say they were hided and the confiscated cocaine had a street value of nearly 90 million dollars. 150,000 people have attended the first sunday prayers delivered by the new pope. before that, in an apparent break of precision and protocol, he met the faithful at ground level walking through the streets in st. annesa's c
she's tried to clean up lima by going after cartels who control the transport system and regulating the economy of street vendors. they've been deeply unpopular among the war and have become fodder in a campaign to drive her out. >> the process underway is tainted with aggression, lies, distortion, misinformation, manipulation, and even worse, insult at my condition as a woman. it's injuring our citizens and causing negative visions. >> the recall vote is believed to be spearheaded...
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and fearfulness a professor of political economy at the university of nicosia believes there would be repercussions to the cypriot nation if it complied with the strict but you know terms. there is a political willingness by the government to reach an agreement for the bailout. with the troika but it seems that they're making it more and more difficult with you in new demands they fear that exists is that in case that all demands of the trade got accepted i mean it would be very difficult for these under one of these agreement to be viable in the sense that if we throw the country impeach he's going to prevail and the huge recession and they reach a circle and it will be extremely difficult if not impossible to get out of it this is unprecedented cyprus lost twenty five percent of its g.d.p. almost two years ago when there was the kid a couple of the greek dead and there has been no compensation for that if these ideas of being discussed are implemented there will be another here occurred over the cyprus g.d.p. which will be around forty percent it would be impossible i think to get o
and fearfulness a professor of political economy at the university of nicosia believes there would be repercussions to the cypriot nation if it complied with the strict but you know terms. there is a political willingness by the government to reach an agreement for the bailout. with the troika but it seems that they're making it more and more difficult with you in new demands they fear that exists is that in case that all demands of the trade got accepted i mean it would be very difficult for...
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Mar 21, 2013
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we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new policy from one of the country's biggest companies. tell us your weight and body fat or face a fine. "the willis reprt" is on the case. >> all that and more, but first, a top story, a warning for you and your money, a big cybersecurity threat could be headed our way, at least two major banks and three television networks in south korea reporting their computer networks crashed. officials there speculate it was all at the hands of sib terrorists from north korea. many bank customers were unable to use debit or credit cards. imagine that, atms shut down for hours. the invesgation ongoing at this time, but a big
we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new...
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Mar 19, 2013
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we're not talking about absolute devastation in the economy. when we've gotten to the point where yoga pants are a big problem maybe we are getting better. >> all right. thank you very much for being here. >>> lululemon had to dump $20 million worth of yoga pants because they were see through and today's hash tag, you're it. let's come up with a slogan for all those too sheer lululemon pants. here's mine. come for the fitness. stay for the hr complaint. send us your idea, your suggestion. tweet us at the lead cnn. use the hash tag lulu slogan. also, you've been waiting six years for it. now justin timberlake's new album is here. you're not that excited about it? neither is marco rubio. my interview with the republican senator is next. we'll talk immigration, foreign policy, and jams in the politics lead. ♪ wireless is limitless. [ female announcer ] from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. ♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, inf
we're not talking about absolute devastation in the economy. when we've gotten to the point where yoga pants are a big problem maybe we are getting better. >> all right. thank you very much for being here. >>> lululemon had to dump $20 million worth of yoga pants because they were see through and today's hash tag, you're it. let's come up with a slogan for all those too sheer lululemon pants. here's mine. come for the fitness. stay for the hr complaint. send us your idea, your...
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multinationals productize economy and of course to great with hezbollah integrate with iran would be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we found a can of worms has been used it has to be by the rebels and he thought that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said that it be a red line of chemical weapons argues that only seems to apply if president assad's forces use them the syrian army and so we're going to be consistent on these chemical weapons to using these wrong and the rebels are using and they should be indicted for war crimes. let's turn our attention to the out of iraq now where the tenth anniversary since american soldiers invaded the country was marked this week with more bombings and all the total death toll at least of a sixty al-qaeda linked groups that it was behind the attacks which happened in the mostly shiite areas of the capital and other cities caffein off looks back at what the u.s. and ever ultimately achieved. at this hour american an
multinationals productize economy and of course to great with hezbollah integrate with iran would be lunacy and madness for political president assad's forces to use chemical weapons and so if you know we found a can of worms has been used it has to be by the rebels and he thought that's the case then obviously that will highlight the hypocrisy of the u.s. and the west because they said that it be a red line of chemical weapons argues that only seems to apply if president assad's forces use...
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Mar 21, 2013
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economy, keeping short-term interest rates at record lows. and it said there are signs the economy is getting stronger. one of those signs-- unemployment-- fell to a four- year low of 7.7% in february. still, the fed predicted it won't reach 6.5% until 2015. the fed and its chairman, ben bernanke, also had words of caution for congress. >> i do believe that long-term fiscal stability is extremely important and i urge congress and the administration, as i always do when i go to testify, to do whatever is necessary to put us on a sustainable fiscal path going forward. but in doing so, i think it's a good idea to pay attention to the impacts in the near term on what is still not a completely satisfactory recovery. >> sreenivasan: congress moved a step closer to advancing a spending bill that would keep the federal government running through september. the senate passed the legislation this afternoon along bipartisan lines. the measure funds the day-to-day operating budgets of every cabinet agency, gives $87 billion to fund overseas military prog
economy, keeping short-term interest rates at record lows. and it said there are signs the economy is getting stronger. one of those signs-- unemployment-- fell to a four- year low of 7.7% in february. still, the fed predicted it won't reach 6.5% until 2015. the fed and its chairman, ben bernanke, also had words of caution for congress. >> i do believe that long-term fiscal stability is extremely important and i urge congress and the administration, as i always do when i go to testify, to...
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Mar 24, 2013
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if the economy gets stronger interest rates will go up but also if the economy gets stronger we will have more revenue and then i start to become a deficit hog. by no means am i saying we have to stay in this expansion mode under all reasons. the idea that we will be facing higher rates is belied by history. look at japan. they have been running deficits twice the debt burden that we have. still low interest rates. it's not a story that you should place a lot of weight on. by the way, the projections right now, about what the interest burden on the federal budget will be in the year 2023, they say it will be as high as it was in 1991, 1992. we actually had interest payments over 3% of gdp under bush one and then came way down. so when people say look at the scary numbers about rising interest payments, the scenario we are supposed to be afraid of are the things going back to the way they were 20 years ago which doesn't seem all that scary. >> let's look at. that we have a chart with precisely that. this is the net interest payments and this is assuming fairly modest rate increases. w
if the economy gets stronger interest rates will go up but also if the economy gets stronger we will have more revenue and then i start to become a deficit hog. by no means am i saying we have to stay in this expansion mode under all reasons. the idea that we will be facing higher rates is belied by history. look at japan. they have been running deficits twice the debt burden that we have. still low interest rates. it's not a story that you should place a lot of weight on. by the way, the...
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Mar 26, 2013
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to be the global example of democracy or the ability to develop an economy. a couple points i would make. as is always the case, the ability to conduct governmental reforms is just difficult. it is hard. this is a new and assertive legislature. they are boisterous, they are aggressive and assertive. all of these things are positive with respect to where i think the jurors seek to go in afghanistan. this is a young democracy. it is early. the good news is afghanistan since on top of trillions of dollars of natural resources when it comes to strategic minerals, gems, gold, etc. a vast wealth. and we have seen other countries emerge. the national leadership chose to invest and there are countries around the world and people in this room can tip them off pretty quickly. where those early strategic decisions have delivered relatively small countries with greater capacity. especially over time. we might use korea as an example of how we stuck with korea. there is an affordability to mention. we don't need to have the kinds of forces in south korea to preserve north
to be the global example of democracy or the ability to develop an economy. a couple points i would make. as is always the case, the ability to conduct governmental reforms is just difficult. it is hard. this is a new and assertive legislature. they are boisterous, they are aggressive and assertive. all of these things are positive with respect to where i think the jurors seek to go in afghanistan. this is a young democracy. it is early. the good news is afghanistan since on top of trillions of...
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Mar 20, 2013
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and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global supply chains, it is absolutely critical for india to enact reforms and liberalize its economy, to tap into this regional market. this is how india anchors itself in the asia-pacific region and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.-india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve and it's going to take a concerted effort to make progress, but once the b.i.t. is f
and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global...
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Mar 25, 2013
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want revenue neutral tax reform i think we need to stand up and say we want to leave more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call four plan for creating a legal status, not citizenship but a legal status for the 11 million folks who are already here illegal immigrants already here but taking fire from the right because you oppose the e verify is system which would make it easier for employers to check whether workers are in fact legal or illegal. why would you oppose that? >> that is not the main part of my plan. the main part of the plan is trust but verify. says we have to have border security. conservatives wanted border security before we had immigration reform. the amendment that i will add will ensure that there is border security
want revenue neutral tax reform i think we need to stand up and say we want to leave more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call...
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Mar 24, 2013
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you want to your economy? you've got to include the other half of the country. otherwise you're not going to move forward. i've seen officials at the state department and across washington and overseas as well rolled her eyes, women's issues. it's nice but it's not the urgency. this is not the urgent question of the day. she's made it very much part of the discussion and she's made people realize, well, if you want to move forward you cannot leave behind half the population. >> host: i found interesting one of the cases you make and set out in the beginning of the administration is repairing america's image is in the world. while that was -- there's a pew poll, in places i found it striking, pakistan, jordan down in turkey, down in beirut. down in egypt. this is down from last year of george w. bush's administration. but i want to ask one last question before we enter i think we should just touch on benghazi alluded. how do you think that will affect her legacy if at all? would be a lasting tarnish that she won't be able to escape or will it be something that hi
you want to your economy? you've got to include the other half of the country. otherwise you're not going to move forward. i've seen officials at the state department and across washington and overseas as well rolled her eyes, women's issues. it's nice but it's not the urgency. this is not the urgent question of the day. she's made it very much part of the discussion and she's made people realize, well, if you want to move forward you cannot leave behind half the population. >> host: i...
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Mar 22, 2013
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. >> reporter: cruz tells cnn the law will put the economy in critical condition. >> the economy is not growing and implementing obama care now raises a very real possibility we will push this nation into a recession. i'm trying to make the case -- >> reporter: you are saying the president's health care law will cause recession. it could very well. we've had more than 35 separate votes in the congress about that and we've always upheld the affordable care act. >> reporter: democrats argue republicans should just stop. noting the law has not only survived a challenge to the supreme court but also former presidential candidate mitt romney. >> i will repeal obama care. and i'll stop it in its tracks on day one. >> reporter: the gop budget that passed the republican controlled house also includes a repeal of obama care. congresswoman michele bachmann warned the health care law is a killer. >> let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. >> but it seems it is the law that can't be killed almost like the legislative equiv
. >> reporter: cruz tells cnn the law will put the economy in critical condition. >> the economy is not growing and implementing obama care now raises a very real possibility we will push this nation into a recession. i'm trying to make the case -- >> reporter: you are saying the president's health care law will cause recession. it could very well. we've had more than 35 separate votes in the congress about that and we've always upheld the affordable care act. >>...
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Mar 21, 2013
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economy. they are also costs associated with unconventional policy, such as potential effects of financial stability, which are hard to quantify and people have different views about. giveve not been able to quantitative thresholds at this point for the assets -- asset purchases. we will continue to provide information as we go forward. in particular, as i mentioned it , wey, as we make progress may adjust the flow rate of purchases month-to-month to appropriately calibrate the amount of accommodation we are providing giving the outlook -- given the outlook. weterms of further color, have not given quantitative analysis. we would be looking for a sustained improvement in a range of key labor market indicators, including payrolls, but also others like the hiring rate, claims for unemployment insurance, and so on. we are looking for a sustained improvement across a range of indicators and since we are looking at the outlook and the prospects rather than the current state of the labor market, we
economy. they are also costs associated with unconventional policy, such as potential effects of financial stability, which are hard to quantify and people have different views about. giveve not been able to quantitative thresholds at this point for the assets -- asset purchases. we will continue to provide information as we go forward. in particular, as i mentioned it , wey, as we make progress may adjust the flow rate of purchases month-to-month to appropriately calibrate the amount of...
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Mar 25, 2013
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where it -- when you think about where afghanistan is in the state of the economy, when you think about other countries in the past, very few have had 70 countries come together, 52 pledge the blood of their precious children, others to put their economies and political viability of a line on behalf of afghanistan, and not just do it for a short time but to do it over a decade and to sign up for a decade of transformation, many of the countries, japan and korea are examples, many have pledged that kind of support for a very long time. the afghan people will never forget that. i couldn't tell you because i have seen the work of your countries, those countries that work and i have seen the afghan appreciation and the mothers who have benefited from this moved to tears when they think about all of it -- all that has come to the children and women of afghanistan. as my own by saying career comes to a close shortly, it has been the greatest honor of my life to forces. anded isaf it started out at 149,000 and in the bed where it was. 561yday i think about the coalition troops who were killed
where it -- when you think about where afghanistan is in the state of the economy, when you think about other countries in the past, very few have had 70 countries come together, 52 pledge the blood of their precious children, others to put their economies and political viability of a line on behalf of afghanistan, and not just do it for a short time but to do it over a decade and to sign up for a decade of transformation, many of the countries, japan and korea are examples, many have pledged...
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most important, ernie knows we can produce more energy and grow our economy while still taking care of our climate. >> as president obama nominates ernest moniz to head the energy department, the mit nuclear physicist is facing criticism for its deep ties to bp, general electric, and other major firms. you will also look at frackademia, what some call gas industry funded academic research. then, "die free: a heroic family tale." you asght i stand before the crowd great great great granddaughter of african who was in slaved in the united states of america until he summoned the courage to fight for his freedom. marksthe united nations at the international day of remembrance of the victims of slavery and the transatlantic slave trade, we will speak with ny1 anchor cheryl wills about her family's story from slavery to freedom. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. the u.s. supreme court will hear arguments today in the first of two historic cases that could determine the future of same-sex marriage. today the
most important, ernie knows we can produce more energy and grow our economy while still taking care of our climate. >> as president obama nominates ernest moniz to head the energy department, the mit nuclear physicist is facing criticism for its deep ties to bp, general electric, and other major firms. you will also look at frackademia, what some call gas industry funded academic research. then, "die free: a heroic family tale." you asght i stand before the crowd great great...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> former french president now in some legal trouble. brianna's got that, and some of the day's other top stories. what's going on? >> wolf, an investigative judge has charged nicolas sarkozy of taking advantage of lillian bettencourt by getting her to help fund his 2007 presidential campaign. he denies doing anything wrong. >>> a new legal opinion from the government office for plans to cut back on saturday mail delivery starting this august. the legal opinion points to language tucked into the new bill to prevent a government shutdown. the postal service wants to cut back saturday delivery to packages and mail addressed to post office boxes. >>> in germany, a helicopter pilot died and several people hurt in a collisi
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> former french president now in some legal trouble. brianna's got that, and some of the day's other top stories. what's going on? >> wolf,...
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Mar 21, 2013
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. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales numbers which are seen coming in higher than january. >>> and cash strapped cyprus, banks are still closed and late night meetings broke up with no new plan b to fund the island's much needed bailout. >>> closer to home, cvs is weighing in on the policy requiring employees to record their weight and body fat or face a health insurance premium. all data collected during health screenings is private. >>> fans of starbucks will be happy to know that beginning in may they can also rack up rewards points with packaged coffee purchases at grocery and drug stores. >>> mean
. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales...
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Mar 24, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. was a record collection. no. there was that fuzzy stuff on the gouda. [ both ] ugh! when it came to our plants... we were so confused. how much is too much water? too little? until we got miracle-gro moisture control. it does what basic soils don't by absorbing more water, so it's there when plants need it. yeah, they're bigger and more beautiful. guaranteed. in pots. in the ground. in a ukulele. are you kidding me? that was my idea. with the right soil... everyone grows with miracle-gro. with the right soil... sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. let us get everything off the shelf, and to your home. i got this. you're s
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. was a record collection. no. there was that fuzzy stuff on the gouda. [ both ] ugh! when it came to our plants... we were so confused. how much is too much...
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Mar 19, 2013
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on a continent with 16, 20 trillion of economy. that decides to under mind faith they have in the deposit, as if here was declared yes, you a safety deposit insurance. however we are going to take 10% of your savings tomorrow. it will disappear. it will cause run on bank. this could be a long fuse. in the state, they have a 50% tax break for small business and startups. >> listen to this. >> how would you feel if you made a decision four years ago you knew was legally correct and four years later a governing body said it's not correct and you owe us more money and we charge you interest on the money you didn't know you owed? >> bret: that is quite a story. >> it is. >> hard to have sympathy for some of the business owners. they backed a issue on the ballot that was also retroactive. but high taxes is bad for business so the low-tax state like texas draw in businesses with lower unemployment rate. >> this is why people leave california. state budgets are broke and they are trying to raise taxes and the states with the lowest taxatio
on a continent with 16, 20 trillion of economy. that decides to under mind faith they have in the deposit, as if here was declared yes, you a safety deposit insurance. however we are going to take 10% of your savings tomorrow. it will disappear. it will cause run on bank. this could be a long fuse. in the state, they have a 50% tax break for small business and startups. >> listen to this. >> how would you feel if you made a decision four years ago you knew was legally correct and...